4 Findings on PPACA's Impact on Insurance Prices, Enrollment Beyond 2014

A new study has identified ways the Patient Protection and Affordable Care Act will affect health plan costs and enrollment rates over the next 10 years.

The study was conducted by Stephen Parente, PhD, professor of health finance at University of Minnesota in Minneapolis and Michael Ramlet, adjunct professor at University of Minnesota.

The study found the cost of an individual exchange "silver" health plan will increase by $1,375 over the next five years due to declining purchasing power of the government subsidies. The study found the cost increase will affect families as well, with the cost of a family exchange "silver" health plan increasing by $4,164 over the next five years.

The researchers determined the increase in premium costs will cause the number of uninsured individuals to begin to rise in 2017. The study predicts there will be a sharp spike in individual insurance enrollment in 2015 and 2016, and that number will suddenly drop off in 2017 and continue decreasing over the next decade.

The study was based on insurance enrollment data Arkansas, Florida, Iowa, Louisiana, Michigan, New Hampshire, North Carolina, Ohio, Oregon and Texas

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